• What Is Off-Cycle Payroll?
    Off-cycle payroll refers to the process of issuing payments to employees outside of the regularly scheduled pay periods. … This specialized payroll function helps organizations address various non-routine payment needs, providing flexibility that finance and HR teams need to handle exceptional circumstances promptly and accurately. While standard payroll follows a set schedule, off-cycle payments …
    Type: Glossary
  • 13 Risks of Mergers and Acquisitions and How to Mitigate Them
    Mergers and acquisitions M&A can be a powerful tool for global business growth and expansion. However M&A activity poses significant risks that can derail even the most promising deals. In fact an estimated due to factors like poor due diligence inadequate integration planning and a lack of strategic alignment.Although complications can vary depending on the a company pursues many challenges …
    Type: Resource (Article)
  • What Is a Foreign-Invested Enterprise (FIE)?
    A foreign-invested enterprise (FIE) is a company or business entity established by foreign investors or entities. … An FIE can be partially or wholly funded by individuals, companies, or other organizations from outside the country where the FIE is located. Under the host country's laws, international companies may form an FIE to establish a presence in foreign markets, invest in local …
    Type: Glossary
  • What Is Expatriate Compensation?
    Expatriate compensation refers to the comprehensive salary and benefits package provided to employees sent to work in a foreign country temporarily or permanently. … This compensation typically includes base salary, cost of living adjustments, housing allowances, education benefits for dependents, and relocation expenses. Expatriate compensation packages (or expat packages) help ensure that …
    Type: Glossary
  • What Is a B-1 Business Visa?
    A B-1 business visa is a temporary nonimmigrant visa that allows foreign nationals to enter the U.S. for business-related activities for up to six months. The visa is valid for 10 years. … B-1 visas are suitable only for short-term business in the U.S. and do not allow for long-term residency or employment.  … Purpose and use cases for a B-1 visa … A B-1 visa is designed for those who need to …
    Type: Glossary
  • What Is Compliance Risk Management?
    Compliance risk management is the structured approach to identifying and controlling risks that arise when organizations fail to meet legal requirements, industry standards, and regulatory obligations. … Organizations must navigate fluid regulatory frameworks across different jurisdictions and industries. Comprehensive compliance risk management defines potential financial penalties, legal …
    Type: Glossary
  • What Is Career Mobility?
    Career mobility refers to an employee’s ability to progress within an organization through various career transitions that align with their professional growth and the company’s needs. … A robust job mobility strategy is a powerful retention tool for employers. Organizations that facilitate internal movement retain top talent more effectively, as employees who lack visibility into career …
    Type: Glossary
  • What Is a Conditional Offer of Employment?
    A conditional offer of employment is a job offer that hinges on the prospective employee fulfilling specific prerequisites or requirements before officially starting the position. … An employer typically sets these conditions, which can include a range of requirements such as background checks, drug tests, physical examinations, or verification of qualifications and certifications. Conditional …
    Type: Glossary
  • What Is Total Remuneration?
    Total remuneration refers to the comprehensive annual compensation and benefits an employee receives from their employer. … Total remuneration goes beyond base salary or wages, incorporating various additional forms of compensation, perks, and benefits. In the global business landscape, total remuneration must account for diverse market conditions, cultural expectations, and legal requirements …
    Type: Glossary
  • What Is Time to Market (TTM)?
    Time to market (TTM) refers to the time it takes for a product to go from conception to market launch. It includes the entire product development lifecycle, from ideation to testing and launch. … Time to market is also synonymous with speed to market (or STM). A company’s time to market can determine the success of its product or service and whether it will be competitive in its industry or …
    Type: Glossary